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20121127
20121127
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Search Results 0 to 3 of about 4 (some duplicates have been removed)
CNN
Nov 26, 2012 10:00pm PST
president obama to compromise with republicans on taxes and spending. and an identical 72% want republicans to do the same, compromise with the other side. as for what compromise should entile, 67%, more than 2 in 3 favor a mix of spending cuts and tax increases. that's what they say real progress would look like. keeping them honest, though, real progress is one thing, washington progress is another. so far at least, we're seeing much more of the second and the first and we're getting late new word that any progress might be stalled. more on that shortly. first, a good example of washington progress. republican lawmakers standing up in a limited way to a beltway power broker named grover norquist over the 1980s era pledge he pressures to sign. promising not to raise taxes, any taxes, ever. >> i'm not obligated on the pledge, i made tennessee ans aware i am honoring the oath when i'm sworn in this january. >> that's one of the handful of republican lawmakers repudiating the pledge. he joins us shortly. i'll ask him to be more specific about whether that means higher tax rates fo
CNN
Nov 27, 2012 1:00am PST
president obama campaigned and won re-election on. senator lindsey graham also breaking with norquist says no on higher tax rates, but is open to more tax revenue by limiting deductions. >> i will violate the pledge long story short for the good of the country only if democrats will do entitlement reform. >> another lawmaker who's breaking with the norquist agrees. >> i think everything should be on the table. i myself am opposed to tax increases, i'm not going to prejudge it, we should not be taking iron clad positions. >> late today in the situation room, republican kevin mccarthy, the house majority whip put a fresh spin on what seems to be the talking points. >> if the goal is to raise more revenue, what is the best way to do that? at the same time protecting the economy? if you're able to gain more revenue by closing special loopholes, and limiting them. and keeping the rate down, so you have better ground control, isn't that a better outcome. >> talk of tax deductions and closing loopholes. a big note on raising tax rates. a lost talk but perhaps not real movement at least for now. a
Search Results 0 to 3 of about 4 (some duplicates have been removed)